Banking and insuranceEconomical

John Dana all-digital insurance policy entered the financial market


According to the monetary financial news, Ebrahim Kardgar, CEO of Dana Insurance Company, on Monday evening, December 6, 1400, in a press conference held in the presence of the members of the company’s board of directors, announced two new insurance policies called “John Dana Plan” and “Insurance Policy”. Islamic Takafil ”unveiled.

Dana Insurance CEO said in this meeting: “If I compare the sales of life insurance in other countries with our own country, we will see that in this area, our policy makers have not paid the necessary attention to this issue, and even the insurance industry.” To date, it has not introduced any new products to the market.

He added: “As you know, today both the customer and the sales network are not satisfied with the products that are offered in the field of life insurance, so according to our research, we realized that society demands that we launch a new product.” In this regard, in the last 9 months, we examined the insurance products of Canada, and finally we came up with a new product, and then we localized it and presented it to the Central Insurance, which last Wednesday licensed this product from the Central Insurance as We received a new product in the field of life insurance called John Dana.

Kardgar explained: The new product of Dana Insurance Company called “Jan Dana” is a product in which the benefits of life, ie the life of the individual, are insured, and one of the features of this product is that it is the first life insurance policy that has coverage without examination. Also seen as a gift in this insurance policy.

The CEO of Dana Insurance explained the other features of the John Dana plan as follows: Other features of this new product include the payment of 50% of the insured death capital, which a person can use during his illness, as well as the product. Jan Dana has a guarantee of renewal of the insurance policy until the age of 85 and is issued annually and has a 5-year guarantee for renewal.

Kardgar stated that another feature of this product is the increase of the insurer’s obligations in proportion to the inflation rate every year and specified: in this product, pandemic diseases are also included.
The CEO of Dana Insurance Company added: Dana Insurance Company is looking for a solution in order to increase the sales of life insurance policies in the insurance industry so that it can implement this goal in the country’s economy as soon as possible.

In another part of his speech, he called for a change in the development of the insurance industry and added: “The development path of this industry should go through life insurance because the insurance industry is far from the insurance penetration indicators in the world, while one of the cases in the program The vision and development plan of the written insurance industry is to reach the world average penetration rate.

“Life insurance can be the most stable and reliable financial instrument in the country’s economy,” Kardgar said. To offer other products in the market.

The CEO of Dana Insurance Company stated: “Currently, one of the main problems of the country is the high volume of liquidity and it is possible to absorb this liquidity with life insurance tools and enter the real sector of the economy and cause the country’s economy to flourish.”

Regarding the change in the behavior of Dana Insurance Company as an exit from the healthcare market, Kardgar said: “In 1999, we came to the conclusion that the health insurance policy of the insurance industry leads to a narrow path, and therefore I must say that the growth of health insurance sales in this company is now , Is almost zero.

He continued: “In 1999, it was announced to the entire network of Dana Insurance Company that the contract with Dana Insurance’s largest customer, the Ministry of Energy, will not be renewed. He was wise.

The CEO of Dana Insurance Company said: “The contract announced by the Central Insurance to the insurance companies differed from the contract announced by the Ministry of Energy in terms of regulations.”

Kardgar, said: The supervisor said that the contract of the Ministry of Energy has a problem with the regulations, but unfortunately some insurance companies accepted the contract, but Dana Insurance Company did not violate the regulations because we believe that health insurance is slow with this process. Will reach the loss-making portfolio and Dana Insurance will remove the loss-making portfolio from its portfolio.
He stated: “According to the new strategy of Dana Insurance Company, the share of life insurance should reach at least 16 to 20% in the portfolio structure, and I hope with the product of Dana Dana, which is licensed as a new product from Central Insurance and is monopolized by the company for two years.” Let’s reach.

At the end of the meeting, Dana Insurance CEO announced the implementation of Islamic Takafil insurance policy for the use of Sunnis and said: “The discussion of Islamic Takafil insurance policy has been neglected in the country due to the need to provide insurance coverage for the Sunni population.” I raised the issue with the managers of the insurance industry with the Minister of Economy, and after that, the mentioned insurance policy was written and presented to the Deputy Minister of Economy, about which we signed a memorandum of understanding last Wednesday. The tradition of this fatwa was that Islamic Takaful insurance can be implemented in the country.

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